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Author Topic: Never Trade On Emotions  (Read 19165 times)

Offline Manna

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Re: Never Trade On Emotions
« Reply #105 on: December 09, 2021, 01:31:15 PM »
If you want to be a real trader in crypto market, the first thing you must ensure to yourself is never emotion on whatever the market condition. Those people who trade with emotions probably have higher risks to lose their money.

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Re: Never Trade On Emotions
« Reply #105 on: December 09, 2021, 01:31:15 PM »

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Offline bayiajaib

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Re: Never Trade On Emotions
« Reply #106 on: December 10, 2021, 05:24:00 PM »
If you want to be a real trader in crypto market, the first thing you must ensure to yourself is never emotion on whatever the market condition. Those people who trade with emotions probably have higher risks to lose their money.

Yeah, trade wit emotion, you will lose.
I think we should have good experience to manage the emotions.
You will lose a lot, So be careful and always focus.
I think It's the key as trader

Offline arnold dudicove

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Re: Never Trade On Emotions
« Reply #107 on: December 11, 2021, 03:46:45 AM »
Of course, if you cannot control the emotion well, it is better not to trade. Trading with emotion will be a disaster, it will lead to a wrong decision during trading. I cannot imagine if someone trade while emotional, he can sell all his coins panicking when there is a big decline. This situation should be avoided by everyone.

That's true, we should not do trading with emotion.
I personally always control my emotion, because at the last years, have lost alot cause of greedy.
So be careful and always have realistic target
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Re: Never Trade On Emotions
« Reply #108 on: December 12, 2021, 05:58:18 AM »
Everyone has a different level of emotion, I place sell orders for long term investments in crypto exchanges, some coins will worry me when the market is bearish, it is important to have an analysis to avoid big losses and keep reading the charts without needing to be emotional when trading.
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Offline geaorgia55246

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Re: Never Trade On Emotions
« Reply #109 on: December 15, 2021, 12:23:42 AM »
i can agree with you. trading on emotions causes more troubles. when i used to be a beginner in trading i made some deals on a emotions sometimes it was profitable)) but it is not profesional. so that is why i decided to try with some platforms, because of lack of knowledge. i have found coin loan It made trading a pleasant experience for me. One can endlessly debate on cryptocurrency but its fast growth and high volatility (compared to fiat currencies) opened massive opportunities for earning money.

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Re: Never Trade On Emotions
« Reply #110 on: December 15, 2021, 06:55:21 AM »
Only one emotion can change the game it is anxiety  :o

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Re: Never Trade On Emotions
« Reply #111 on: December 15, 2021, 03:46:06 PM »
Everyone has a different level of emotion, I place sell orders for long term investments in crypto exchanges, some coins will worry me when the market is bearish, it is important to have an analysis to avoid big losses and keep reading the charts without needing to be emotional when trading.
If we are experienced in trading, we should not worry too much when the Crypto market is bearish, because we already understand that this Crypto has very high fluctuations. 
And if we are experienced in trading, of course we are also more able to control emotions than those who are still beginners and have not much experience.

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Re: Never Trade On Emotions
« Reply #111 on: December 15, 2021, 03:46:06 PM »


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Re: Never Trade On Emotions
« Reply #112 on: December 15, 2021, 05:19:31 PM »
Absolutely yes! We have to be careful when trading and use experience more than emotions so that we can avoid losses by selling in FOMO. A lot of people are losing money because of emotions when trading, we have to be extra-careful about this so we can save our money.

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Re: Never Trade On Emotions
« Reply #113 on: December 19, 2021, 04:45:55 PM »
If you want to be a real trader in crypto market, the first thing you must ensure to yourself is never emotion on whatever the market condition. Those people who trade with emotions probably have higher risks to lose their money.
Emotion is one of the major obstacle or barrier that has to be overcome, it has dealt a great blow to many newbies traders of cryptocurrencies, unfortunately a lot of them don't bother to control their emotions infact they don't bother to learn how to take care of emotion in trading thus always making a repeated mistakes while trading which culminated to many of them losing their portfolio or account.

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Re: Never Trade On Emotions
« Reply #114 on: December 20, 2021, 11:01:32 AM »
It is absolutely true for newbies because trade on emotion is very harmful because if any one trade with emotion they will fall in loss. When we go for trade then we need to buy at low price and selling at higher price. But when emotion works then sometimes we may observe that when price go up then emotionally we go for buying and when price go down then we go for selling. It occur by emotion.

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Re: Never Trade On Emotions
« Reply #115 on: December 20, 2021, 11:30:15 AM »
Absolutely agree! No decisions should be ever made under emotions when speaking about trading. I also had some cases that made me no good, and I lost money. For now, my rule number one is to trade with a cold head and do the research beforehand. I could already tell you it saved me a decent amount of money. Always check the project!

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Re: Never Trade On Emotions
« Reply #116 on: December 20, 2021, 03:39:10 PM »
Are there still people who still trade on emotions? There's no crime falling for the nob style, but staying a nob is a disaster at first sight. Maybe because I use BITAY anyway. An eye opener exchange, learn and trade, Bitay actually have an academy for it's users. I'm really anticipating the watch and learn features where users would be able to enjoy crypto in depth. Learning is the easiest way to earn in crypto tbh.

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Re: Never Trade On Emotions
« Reply #117 on: December 24, 2021, 11:13:39 PM »
It is absolutely true for newbies because trade on emotion is very harmful because if any one trade with emotion they will fall in loss. When we go for trade then we need to buy at low price and selling at higher price. But when emotion works then sometimes we may observe that when price go up then emotionally we go for buying and when price go down then we go for selling. It occur by emotion.
You're right, don't do anything in a situation where you're in a high emotional state because it's clear that his way of thinking leads to mistake after mistake. especially clear is that when trading sometimes we feel that this will continue to increase with full confidence and feel right but not knowing the situation immediately changes and does not achieve what we want, because the emotions of wanting to achieve the greatest value and not receiving the profit that should have been quite acceptable.

Actually, everyone will experience this, not only beginners, even those who have experience, this can happen but usually people who can control themselves because they have experienced this and don't want it to happen again, once again experience is the best key.
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Re: Never Trade On Emotions
« Reply #118 on: December 25, 2021, 04:50:33 AM »
I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.

That's right, we should not trade on emotions, we will loss.
We must manage our emotions and has good experience when doing trading.
It's not easy, greed and fear will be big problem
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Re: Never Trade On Emotions
« Reply #119 on: December 25, 2021, 04:48:31 PM »
Every individual has getting benefits from the cryptocurrency trading and as you are aware that in trading there will be present some danger and threat  which can be the cause of loss in trading. So if you follow your emotions and does not think with mind that what is right and what is wrong then you will be definitely unable to get money so think with an open mind and make a good decision.
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